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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
Deferred Charges and Other Assets:    
Total Assets $ 74,181 $ 70,923
Common Stockholders' Equity:    
Total Stockholders' Equity 21,146 20,926
Southern Company [Member]    
Current Assets:    
Cash and cash equivalents 813 710
Receivables —    
Customer accounts receivable 1,312 1,090
Unbilled revenues 579 432
Under recovered regulatory clause revenues 173 136
Other accounts and notes receivable 209 307
Accumulated provision for uncollectible accounts (17) (18)
Fossil fuel stock, at average cost 795 930
Materials and supplies, at average cost 1,043 1,039
Vacation pay 177 177
Prepaid expenses 564 665
Deferred income taxes, current 499 506
Other regulatory assets, current 382 346
Other current assets 76 50
Total current assets 6,605 6,370
Property, Plant, and Equipment:    
In service 71,462 70,013
Less accumulated provision for depreciation 23,918 24,059
Plant in service, net of depreciation 47,544 45,954
Other utility plant, net 87 211
Nuclear fuel, at amortized cost 889 911
Construction work in progress 8,487 7,792
Total property, plant, and equipment 57,007 54,868
Other Property and Investments:    
Nuclear decommissioning trusts, at fair value 1,572 1,546
Leveraged leases 751 743
Miscellaneous property and investments 232 203
Total other property and investments 2,555 2,492
Deferred Charges and Other Assets:    
Deferred charges related to income taxes 1,533 1,510
Unamortized debt issuance expense 208 202
Unamortized loss on reacquired debt 234 243
Other regulatory assets, deferred 4,763 4,334
Income taxes receivable, non-current 444 0
Other deferred charges and assets 832 904
Total deferred charges and other assets 8,014 7,193
Total Assets 74,181 70,923
Current Liabilities:    
Securities due within one year 3,643 3,333
Interest-bearing refundable deposits 0 275
Notes payable 1,057 803
Accounts payable —    
Accounts payable 1,395 1,593
Customer deposits 398 390
Accrued taxes —    
Accrued income taxes 12 151
Other accrued taxes 391 487
Accrued interest 241 295
Accrued vacation pay 222 223
Accrued compensation 305 576
Mirror CWIP 353 271
Other current liabilities 677 570
Total current liabilities 8,694 8,967
Long-term Debt:    
Total Long-term Debt 22,674 20,841
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 12,187 11,568
Deferred credits related to income taxes 186 192
Accumulated deferred investment tax credits 1,290 1,208
Employee benefit obligations 2,375 2,432
Asset retirement obligations 2,860 2,168
Other cost of removal obligations 1,206 1,215
Other regulatory liabilities, deferred 408 398
Other deferred credits and liabilities 996 594
Total deferred credits and other liabilities 21,508 19,775
Total Liabilities 52,876 49,583
Redeemable Preferred Stock of Subsidiaries 118 375
Redeemable Noncontrolling Interest 41 39
Common Stockholders' Equity:    
Common stock 4,555 4,539
Paid-in capital 6,123 5,955
Treasury, at cost (142) (26)
Retained earnings (accumulated deficit) 9,767 9,609
Accumulated other comprehensive income (loss) (121) (128)
Total common stockholders' equity 20,182 19,949
Preferred and Preference Stock of Subsidiaries 609 756
Noncontrolling Interest 355 221
Total Stockholders' Equity 21,146 20,926
Total Liabilities and Stockholders' Equity 74,181 70,923
Alabama Power [Member]    
Current Assets:    
Cash and cash equivalents 195 273
Receivables —    
Customer accounts receivable 393 345
Unbilled revenues 170 138
Under recovered regulatory clause revenues 28 74
Other accounts and notes receivable 31 23
Affiliated companies 41 37
Accumulated provision for uncollectible accounts (9) (9)
Fossil fuel stock, at average cost 249 268
Materials and supplies, at average cost 415 406
Vacation pay 65 65
Prepaid expenses 168 244
Other regulatory assets, current 115 84
Other current assets 10 5
Total current assets 1,871 1,953
Property, Plant, and Equipment:    
In service 23,812 23,080
Less accumulated provision for depreciation 8,565 8,522
Plant in service, net of depreciation 15,247 14,558
Nuclear fuel, at amortized cost 338 348
Construction work in progress 1,017 1,006
Total property, plant, and equipment 16,602 15,912
Other Property and Investments:    
Equity investments in unconsolidated subsidiaries 68 66
Nuclear decommissioning trusts, at fair value 758 756
Miscellaneous property and investments 88 84
Total other property and investments 914 906
Deferred Charges and Other Assets:    
Deferred charges related to income taxes 526 525
Deferred under recovered regulatory clause revenues 97 31
Other regulatory assets, deferred 1,054 1,063
Other deferred charges and assets 156 162
Total deferred charges and other assets 1,833 1,781
Total Assets 21,220 20,552
Current Liabilities:    
Securities due within one year 600 454
Accounts payable —    
Affiliated accounts payable 244 248
Other accounts payable 267 443
Customer deposits 88 87
Accrued taxes —    
Accrued income taxes 3 2
Other accrued taxes 88 37
Accrued interest 75 66
Accrued vacation pay 54 54
Accrued compensation 66 131
Other current liabilities 105 82
Total current liabilities 1,590 1,604
Long-term Debt:    
Total Long-term Debt 6,699 6,176
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 3,937 3,874
Deferred credits related to income taxes 71 72
Accumulated deferred investment tax credits 121 125
Employee benefit obligations 308 326
Asset retirement obligations 1,252 829
Other cost of removal obligations 742 744
Other regulatory liabilities, deferred 219 239
Deferred over recovered regulatory clause revenues 72 47
Other deferred credits and liabilities 79 79
Total deferred credits and other liabilities 6,801 6,335
Total Liabilities 15,090 14,115
Redeemable Preferred Stock 85 342
Preference Stock 196 343
Common Stockholders' Equity:    
Common stock 1,222 1,222
Paid-in capital 2,324 2,304
Retained earnings (accumulated deficit) 2,331 2,255
Accumulated other comprehensive income (loss) (28) (29)
Total common stockholders' equity 5,849 5,752
Total Liabilities and Stockholders' Equity 21,220 20,552
Georgia Power [Member]    
Current Assets:    
Cash and cash equivalents 24 24
Receivables —    
Customer accounts receivable 778 553
Unbilled revenues 294 201
Joint owner accounts receivable 44 121
Other accounts and notes receivable 46 61
Affiliated companies 20 18
Accumulated provision for uncollectible accounts (6) (6)
Fossil fuel stock, at average cost 338 439
Materials and supplies, at average cost 425 438
Vacation pay 91 91
Prepaid income taxes 225 278
Other regulatory assets, current 147 136
Other current assets 86 74
Total current assets 2,512 2,428
Property, Plant, and Equipment:    
In service 31,363 31,083
Less accumulated provision for depreciation 10,961 11,222
Plant in service, net of depreciation 20,402 19,861
Other utility plant, net 10 211
Nuclear fuel, at amortized cost 551 563
Construction work in progress 4,171 4,031
Total property, plant, and equipment 25,134 24,666
Other Property and Investments:    
Equity investments in unconsolidated subsidiaries 61 58
Nuclear decommissioning trusts, at fair value 814 789
Miscellaneous property and investments 37 38
Total other property and investments 912 885
Deferred Charges and Other Assets:    
Deferred charges related to income taxes 681 698
Deferred under recovered regulatory clause revenues 0 197
Other regulatory assets, deferred 2,063 1,753
Other deferred charges and assets 446 403
Total deferred charges and other assets 3,190 3,051
Total Assets 31,748 31,030
Current Liabilities:    
Securities due within one year 1,660 1,154
Notes payable 200 156
Accounts payable —    
Affiliated accounts payable 392 451
Other accounts payable 574 555
Customer deposits 259 253
Accrued taxes —    
Other accrued taxes 207 332
Accrued interest 96 96
Accrued vacation pay 62 63
Accrued compensation 81 153
Other current liabilities 309 257
Total current liabilities 3,840 3,470
Long-term Debt:    
Total Long-term Debt 8,914 8,683
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 5,524 5,507
Deferred credits related to income taxes 103 106
Accumulated deferred investment tax credits 191 196
Employee benefit obligations 870 903
Asset retirement obligations 1,301 1,223
Other deferred credits and liabilities 286 255
Total deferred credits and other liabilities 8,275 8,190
Total Liabilities 21,029 20,343
Redeemable Preferred Stock 45 45
Preference Stock 221 221
Common Stockholders' Equity:    
Common stock 398 398
Paid-in capital 6,232 6,196
Retained earnings (accumulated deficit) 3,830 3,835
Accumulated other comprehensive income (loss) (7) (8)
Total common stockholders' equity 10,453 10,421
Total Liabilities and Stockholders' Equity 31,748 31,030
Gulf Power [Member]    
Current Assets:    
Cash and cash equivalents 44 39
Receivables —    
Customer accounts receivable 93 73
Unbilled revenues 77 58
Under recovered regulatory clause revenues 38 57
Other accounts and notes receivable 9 8
Affiliated companies 4 10
Accumulated provision for uncollectible accounts (2) (2)
Fossil fuel stock, at average cost 95 101
Materials and supplies, at average cost 55 56
Prepaid expenses 35 40
Other regulatory assets, current 72 74
Other current assets 3 2
Total current assets 523 516
Property, Plant, and Equipment:    
In service 4,600 4,495
Less accumulated provision for depreciation 1,234 1,296
Plant in service, net of depreciation 3,366 3,199
Other utility plant, net 77 0
Construction work in progress 387 465
Total property, plant, and equipment 3,830 3,664
Other Property and Investments:    
Total other property and investments 15 15
Deferred Charges and Other Assets:    
Deferred charges related to income taxes 59 56
Other regulatory assets, deferred 406 416
Other deferred charges and assets 41 41
Total deferred charges and other assets 506 513
Total Assets 4,874 4,708
Current Liabilities:    
Notes payable 154 110
Accounts payable —    
Affiliated accounts payable 72 87
Other accounts payable 52 56
Customer deposits 36 35
Accrued taxes —    
Other accrued taxes 24 9
Accrued interest 10 11
Accrued compensation 13 23
Deferred capacity expense, current 22 22
Liabilities from risk management activities 32 37
Other current liabilities 21 23
Total current liabilities 436 413
Long-term Debt:    
Total Long-term Debt 1,370 1,370
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 852 800
Employee benefit obligations 119 121
Other cost of removal obligations 222 235
Other regulatory liabilities, deferred 49 49
Deferred capacity expense 152 163
Other deferred credits and liabilities 187 101
Total deferred credits and other liabilities 1,581 1,469
Total Liabilities 3,387 3,252
Preference Stock 147 147
Common Stockholders' Equity:    
Common stock 503 483
Paid-in capital 564 560
Retained earnings (accumulated deficit) 274 267
Accumulated other comprehensive income (loss) (1) (1)
Total common stockholders' equity 1,340 1,309
Total Liabilities and Stockholders' Equity 4,874 4,708
Mississippi Power [Member]    
Current Assets:    
Cash and cash equivalents 212 133
Receivables —    
Customer accounts receivable 44 43
Unbilled revenues 37 35
Other accounts and notes receivable 11 11
Affiliated companies 43 51
Accumulated provision for uncollectible accounts (1) (1)
Fossil fuel stock, at average cost 95 100
Materials and supplies, at average cost 69 62
Prepaid income taxes 193 191
Other regulatory assets, current 69 73
Other current assets 7 6
Total current assets 779 704
Property, Plant, and Equipment:    
In service 4,456 4,378
Less accumulated provision for depreciation 1,194 1,173
Plant in service, net of depreciation 3,262 3,205
Construction work in progress 2,543 2,161
Total property, plant, and equipment 5,805 5,366
Other Property and Investments:    
Total other property and investments 6 5
Deferred Charges and Other Assets:    
Deferred charges related to income taxes 260 226
Other regulatory assets, deferred 482 385
Income taxes receivable, non-current 544 0
Other deferred charges and assets 71 71
Total deferred charges and other assets 1,357 682
Total Assets 7,947 6,757
Current Liabilities:    
Securities due within one year 429 778
Interest-bearing refundable deposits 0 275
Notes payable 505 0
Accounts payable —    
Affiliated accounts payable 88 86
Other accounts payable 136 178
Accrued taxes —    
Accrued income taxes 0 142
Other accrued taxes 47 84
Accrued interest 13 76
Accrued compensation 14 26
Over recovered regulatory clause liabilities 33 1
Mirror CWIP 353 271
Other current liabilities 59 61
Total current liabilities 1,677 1,978
Long-term Debt:    
Long-term debt, affiliated 301 0
Long-term debt, non-affiliated 1,623 1,630
Total Long-term Debt 1,924 1,630
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 844 285
Accumulated deferred investment tax credits 282 283
Employee benefit obligations 146 148
Asset retirement obligations 148 48
Other cost of removal obligations 170 166
Other regulatory liabilities, deferred 65 64
Other deferred credits and liabilities 410 38
Total deferred credits and other liabilities 2,065 1,032
Total Liabilities 5,666 4,640
Redeemable Preferred Stock 33 33
Common Stockholders' Equity:    
Common stock 38 38
Paid-in capital 2,692 2,612
Retained earnings (accumulated deficit) (475) (559)
Accumulated other comprehensive income (loss) (7) (7)
Total common stockholders' equity 2,248 2,084
Total Liabilities and Stockholders' Equity 7,947 6,757
Southern Power [Member]    
Current Assets:    
Cash and cash equivalents 220 75
Receivables —    
Customer accounts receivable 106 77
Other accounts and notes receivable 11 15
Affiliated companies 40 34
Fossil fuel stock, at average cost 17 22
Materials and supplies, at average cost 59 58
Prepaid income taxes 122 19
Deferred income taxes, current 144 306
Other current assets 16 21
Total current assets 735 627
Property, Plant, and Equipment:    
In service 6,047 5,657
Less accumulated provision for depreciation 1,125 1,035
Plant in service, net of depreciation 4,922 4,622
Construction work in progress 201 11
Total property, plant, and equipment 5,123 4,633
Other Property and Investments:    
Goodwill 2 2
Other intangible assets, net of amortization of $10 and $8 at June 30, 2015 and December 31, 2014, respectively 69 47
Total other property and investments 71 49
Deferred Charges and Other Assets:    
Prepaid long-term service agreements 141 124
Other deferred charges and assets -- affiliated 13 5
Other deferred charges and assets 143 112
Total deferred charges and other assets 297 241
Total Assets 6,226 5,550
Current Liabilities:    
Securities due within one year 525 525
Notes payable 8 195
Accounts payable —    
Affiliated accounts payable 65 78
Other accounts payable 55 30
Accrued taxes —    
Accrued income taxes 7 72
Accrued interest 31 30
Other current liabilities 53 17
Total current liabilities 744 947
Long-term Debt:    
Total Long-term Debt 1,737 1,095
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 760 863
Accumulated deferred investment tax credits 693 601
Accrued income taxes, non-current 100 0
Deferred capacity revenues -- affiliated 9 15
Other deferred credits and liabilities — affiliated 0 1
Other deferred credits and liabilities 22 18
Total deferred credits and other liabilities 1,584 1,498
Total Liabilities 4,065 3,540
Redeemable Noncontrolling Interest 41 39
Common Stockholders' Equity:    
Common stock 0 0
Paid-in capital 1,176 1,176
Retained earnings (accumulated deficit) 587 573
Accumulated other comprehensive income (loss) 4 3
Total common stockholders' equity 1,767 1,752
Noncontrolling Interest, Total 353 219
Total Stockholders' Equity 2,120 1,971
Total Liabilities and Stockholders' Equity $ 6,226 $ 5,550